Type
Internal restructuring
Country
Spain
Region
Comunidad de Madrid;
Location of affected unit(s)
Madrid
Sector
Information / Communication
Publishing Of Information; Production And Programming Of Audiovisual
Publishing Activities
58.13 - Publishing of newspapers

234 jobs
Number of planned job losses
Job loss
Announcement Date
3 March 2009
Employment effect (start)
1 April 2009
Foreseen end date
1 July 2009

Description

The media group Vocento announced today that it has presented an ERE (Redundancy Dismissal Procedure) that involved the dismissal of 234 of the 450 employees that exist in the daily newspaper ABC. The plan would affect over 80 employees in the editorial department and over 100 jobs in the printing division of the paper in addition to administrative posts. A spokesperson for Vocento said that the management is in discussion with the trade unions and employees about the least traumatic way possible of carrying out these cuts.


Sources

Citation

Eurofound (2009), Vocento-ABC, Internal restructuring in Spain, factsheet number 68551, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68551.